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The union representing roughly 100 employees at Pilkington Glass in Whitby, Ont. has ratified a three-year agreement that includes benefits and pension gains. Members of Unifor Local 222 voted 84 per cent in favour of ratifying the agreement, which includes a short-term disability weekly benefit of $400 and two paid personal emergency leave days per […]

  • By: Staff
  • June 28, 2022 June 27, 2022
  • 09:00

A story looking at dynamic pension pools as a decumulation option took the top spot over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Dynamic pension pools a viable decumulation option for Canadians: report 2. Employers see retirement benefits as top attraction, retention tool: survey 3. Employers enforcing rules for […]

  • By: Staff
  • November 19, 2021 November 19, 2021
  • 09:05
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A majority of Canadian employers believe providing workplace retirement savings plans can improve employee attraction and retention, according to a survey by Maru Group Ltd. on behalf of the Healthcare of Ontario Pension Plan. The survey, which polled 800 Canadian employers, found 88 per cent of those that offer a defined benefit pension plan said […]

After the market rollercoaster ride of 2020, investors’ expectations have shifted considerably, and many are now looking for returns of 10.6 per cent above inflation from their investments in 2021, fuelling speculation that many employees may want to retire early, according to Eckler Ltd.’s latest capital accumulation plan income tracker. Indeed, the report noted rising […]

  • By: Staff
  • August 17, 2021 August 17, 2021
  • 09:00

More than 2,000 workers at a Vale nickel mine in Sudbury, Ont., are continuing their strike after their union, United Steelworkers Local 6500, rejected the company’s five-year contract proposal, which cuts health and medical benefits for existing and future employees. The June 14 offer was Vale’s second since the workers went on strike June 1, […]